GESHIP - Watch and Add
After decent reversal from down trend, currently trading in range from past 2 weeks.
Current range is 353 to 369 - Below Monthly and weekly VWAP
Below 200 SMA but possible support from 50 SMA
Wait for clear trend before taking trade
If cross 369 and sustains - we will see 389 and 415 as next targets
Incase if breaks - 331 and 296 will be next targets
Even if current 353 level breaks -- wait for 349.5 level on short side - possible bounce back from Monthly VWAP.
Please spend time on own analysis. Add to watchlist.
Current range is 353 to 369 - Below Monthly and weekly VWAP
Below 200 SMA but possible support from 50 SMA
Wait for clear trend before taking trade
If cross 369 and sustains - we will see 389 and 415 as next targets
Incase if breaks - 331 and 296 will be next targets
Even if current 353 level breaks -- wait for 349.5 level on short side - possible bounce back from Monthly VWAP.
Please spend time on own analysis. Add to watchlist.
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